Tony Douglas leaves Laing O'Rourke

Laing O'Rourke today announced that chief operating officer Tony Douglas is leaving the firm.Douglas joined Laing O'Rourke from BAA two years ago as chief operating officer as part of the succession plan.O'Rourke blamed the global economic crisis for the rethink about the group’s leadership.

Ray O’Rourke said: “The original appointment agreement was entered into by both parties in good faith. As my fellow shareholders and I are now unable to deliver on the original intent, I want to register my gratitude to Tony for the respect and professionalism he has shown to Laing O’Rourke at this time.

It is believed that Mr Douglas, who is highly regarded in the industry after successfully overseeing the completion of Heathrow Airport’s Terminal 5 on time and to budget, has been approached in connection with at least three other jobs.